Beachcroft has radically revamped its remuneration system to better reward partners’ performances, as it undergoes a cultural shift following its conversion to limited-liability partnership (LLP) status. The firm has ditched its simple modified lockstep in favour of multi-tiered remuneration for equity partners, which takes into account performance as well as seniority. Under the new system, […]

Linklaters average profits per equity partner (PEP) has broken the £1m mark for the first time following an impressive 26 per cent increase in PEP. The magic circle giant’s average PEP reached £1.062m for the 2005-06 year, up from £843,000 in 2004-05. This places Linklaters in direct competition with Slaughter and May – the only […]

Linklaters has scooped the lead advisory role on UK pharmaceutical giant AstraZeneca’s £702m offer for Cambridge Antibody Technology (CAT) after Freshfields Bruckhaus Deringer was conflicted out of the deal. AstraZeneca instructed Linklaters instead of regular counsel Freshfields because the latter firm acted for Abbott Laboratories in its dispute last year with CAT over the royalties […]

Linklaters‘ average profit per equity partner (PEP) has broken the £1m mark for the first time following a staggering 26 per cent increase. The magic circle giant’s average PEP reached £1.06m for 2005-06, up from £843,000 in 2004-05. Slaughter and May is the only other UK firm with an average PEP above the £1m barrier. […]

Exit forces Keoghs to scrap commercial

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Beachcroft has radically revamped its remuneration system to better reward partners’ performances, as it undergoes a cultural shift following its conversion to limited-liability partnership (LLP) status. The firm has ditched its simple modified lockstep in favour of multi-tiered remuneration for equity partners, which takes into account performance as well as seniority. Under the new system, […]

Linklaters average profits per equity partner (PEP) has broken the £1m mark for the first time following an impressive 26 per cent increase in PEP. The magic circle giant’s average PEP reached £1.062m for the 2005-06 year, up from £843,000 in 2004-05. This places Linklaters in direct competition with Slaughter and May – the only […]

Linklaters has scooped the lead advisory role on UK pharmaceutical giant AstraZeneca’s £702m offer for Cambridge Antibody Technology (CAT) after Freshfields Bruckhaus Deringer was conflicted out of the deal. AstraZeneca instructed Linklaters instead of regular counsel Freshfields because the latter firm acted for Abbott Laboratories in its dispute last year with CAT over the royalties […]

Linklaters‘ average profit per equity partner (PEP) has broken the £1m mark for the first time following a staggering 26 per cent increase. The magic circle giant’s average PEP reached £1.06m for 2005-06, up from £843,000 in 2004-05. Slaughter and May is the only other UK firm with an average PEP above the £1m barrier. […]

Allen & Overy has been attacked by US firms as it tries to reform its partnership. But as its flagship banking group loses market share, is all this tinkering too little, too late? Allen & Overy ‘s (A&O) partnership retreat last October in the Marriott Hotel on the Edgware Road was a chummy affair by […]

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Freshfields Bruckhaus Deringer has been called in by Canadian firm Stikemann Elliott to co-lead on Dairy Crest’s sale to a transatlantic buyer. The magic circle firm has been providing UK legal advice to Canadian company Saputo, which produces milk and dairy products. Freshfields corporate partner Stephen Hewes has taken the lead alongside colleague Peter Hall, […]

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Shearman & Sterling’s global turnover increased by 5 per cent over 2018, though the pace of growth has fallen behind some of Shearman’s US peers who have all reported double-digit gains this year. Turnover at Shearman rose to $955.5m in 2018, an increase of 4 per cent. This followed the addition of just $5m to […]

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